Manager Stress Testing & Credit Provision Measurement

Toronto, ON, CA, Canada

Job Description



What is the opportunity?



As part of the Group Risk Management (GRM) team, the Manager, Stress Testing & Credit Provisioning Measurement, will implement credit risk model components and contribute to risk management analytics and processes supporting various stress testing and credit provisioning programs (e.g. IFRS9, CECL and CCAR).



The ideal candidate will apply extensive, in-depth knowledge, skills, and practices to perform complex assignments..

What will you do?



Develop and maintain tools for implementing and executing credit risk models used in credit loss projections. Execute production credit loss projections for internal and regulatory filings. Provide analytical support for ad-hoc stress tests and scenario analyses triggered by credit quality shifts and evolving macroeconomic conditions. Communicate results and analytical insights to management and key stakeholders in a clear, concise, and timely manner to support informed decision-making. Collaborate with business and IT stakeholders to manage change requests involving portfolio and economic data. Perform system testing and impact analysis to evaluate changes to credit loss projections and ensure data integrity.

What do you need to succeed



Must Have:



Experience with at least two of the following programing languages: Python, C, Java, SQL, SAS, R, MATLAB, VBA. Prior working experience of data manipulation of large volume of data. Experienced in extracting and transforming large volumes of portfolio and economic data from source system to ensure data readiness for model execution. Independent trouble shooting and problem-solving skills. flexibility to work extended hours to meet tight deadline. Undergraduate degree with quantitative background, such as mathematics, statistics, science, engineering etc.

Nice-to-Have:



Familiarity with statistical modelling of credit products Experience with CCAR, CECL and IFRS9 programs in the financial industry Master/Ph.D. degree

What is in it for you?



We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to take on progressively greater accountabilities

Job Skills



Additional Job Details



Address:




RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:




Toronto

Country:




Canada

Work hours/week:




37.5

Employment Type:




Full time

Platform:




GROUP RISK MANAGEMENT

Job Type:




Regular

Pay Type:




Salaried

Posted Date:




2025-09-25

Application Deadline:




2025-10-11

Note

Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

I

nclusion

and Equal Opportunity Employment




At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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Job Detail

  • Job Id
    JD2822967
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, CA, Canada
  • Education
    Not mentioned